The Latest

Recently released IRS data indicates that 2,840 households making at least $1 million collected $18.6 million in unemployment insurance in 2008.

The Treasury Inspector General for Tax Administration has agreed to the request from Sen. Chuck Grassley, R-Iowa, ranking member of the Senate Finance Committee, and six other committee members to conduct an investigation of whether Obama Administration officials illegally accessed and disclosed confidential taxpayer information involving a particular taxpayer.

The Supreme Court kicked off its new term on Monday with a brand new justice who will be hearing about a number of tax cases, at least when she doesn’t have to recuse herself.

Microsoft Corp plans to release Microsoft Dynamics SL 2011 during the second quarter of 2011 in English in the United States, Canada, the Caribbean and Puerto Rico.

After less than two years at accounting and business solutions giant Sage North America, Business Solutions Division president Jodi Uecker-Rust will depart the company at the end of this week due to “personal reasons.”

Two Sacramento-area accounting firms, Gallina LLP and Burnett + Company LLP, have agreed to combine, effective Oct. 1.

McGladrey & Pullen and a firm it acquired four years ago have agreed to pay the Commodity Futures Trading Commission a total of $1.7 million for their audits of the bankrupt Sentinel Management Group.

Career site Vault.com has released its 2011 Accounting Quality of Life Rankings, examining what accountants really think about their firm’s culture, compensation, hours, training, and diversity, among other categories.

CPA and advisory firm Anton Collins Mitchell has merged with Greeley, Colo.-based Watkins & Schommer, giving ACM a presence in Northern Colorado.

Thirty CPAs under the age of 36 are meeting in Durham, N.C. today, kicking off a three day intensive retreat for the American Institute of CPAs second annual Leadership Academy.